insolvency prediction in an attempt to provide the art with a theoretical methodology that has been lacking in the past. Limited … option model for insolvency prediction and find that, despite its simple formulation, it performs favourably compared …

-based and macroeconomic determinants of insolvency exit of UK large industrials during the early 1990s with a view to improve … variables models demonstrate improved out of estimation sample classificatory accuracy at risk horizons ranging from one to four … associated with a higher propensity of industrial company to exit via insolvency, thus indicating links to a loss in …